Nepal to grow by 4.8 per­cent in 2017

Asian De­vel­op­ment Bank has pro­jected that Nepal’s econ­omy would grow by 4.8 per­cent in the cur­rent fis­cal year 2016-17 which is lower than Nepalese govern­ment’s tar­get of achiev­ing 6.5 per­cent growth in the year. The agency said that Nepal’s eco­nomic out­look is mod­er­ately op­ti­mistic.